Business Industry
Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations
Business Industry
Electronics and IT Minister Ashwini Vaishnaw has warned that the world may face a shortage of one million semiconductor professionals by 2030. He said India’s Semiconductor Mission offers a major opportunity to fill a large share of this talent gap. Pilot Line Opens in Gujarat Speaking at the inauguration of CG Power’s OSAT (Outsourced Semiconductor […]
Business Industry
Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26. Growth in Auto Exports Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, […]
Business Industry
Prime Minister Narendra Modi announced that India’s first fully made-in-India semiconductor chip will be launched by the end of 2025. Speaking from the Red Fort, he said this milestone will mark a turning point in India’s technological self-reliance and global competitiveness. Missed Opportunities in the Past Modi noted that India had missed earlier chances in […]
Business Industry
Micro, Small and Medium Enterprises (MSMEs) in Coimbatore have raised concerns over the impact of high Goods and Services Tax (GST) rates on their operations. Manufacturers and suppliers in sectors such as textiles, foundry, engineering tools, and pump sets argue that current tax slabs have increased input costs and reduced profit margins. Many also point […]